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5058 Millenia Boulevard

Randy Hassen Of McKibbon Equities Acquires Hilton Garden Inn Orlando For $31.8M
SOLDHotel

Randy Hassen Of McKibbon Equities Acquires Hilton Garden Inn Orlando For $31.8M

5058 Millenia Boulevard

$31,800,000

Building Size

Asset Type

Hotel

Closing

Jul 1, 2025

AI

The hotel asset involved in this transaction is the Hilton Garden Inn located at 5058 Millenia Boulevard in Orlando. The sale price for this property was $31,800,000, equating to $240,909 per room for the 132-room hotel.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $31,800,000
  • Buyer: Randy Hassen - McKibbon Equities
  • Seller: Akber Jamal & Gulati Law
  • Broker: Julian Mazili - Mazili Hotel Group
  • Lender: Valley Bank
  • Keys: 132
  • Price Per Key: $240,909

Randy Hassen represented McKibbon Equities in the acquisition of the Hilton Garden Inn, while the transaction was brokered by Julian Mazili from Mazili Hotel Group. The financing for the acquisition was provided by Valley Bank, ensuring the completion of this hotel property transaction.

Players

Julian Mazili

Mazili Hotel Group

Broker

$31.8M

vol

1 deal

Broker
Valley Bank
Valley BankLender

Orlando Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93